Qatar Airways Takes a Minority Stake in Cathay Pacific
Qatar Airways has just announced its acquisition of a minority stake in Cathay Pacific, with the Gulf airline set to become Cathay Pacific’s third largest shareholder. The 9.6 percent stake, equivalent to 378,188,000 shares of the Asian carrier, was purchased by Qatar Airways for HK$15.6 billion, or $662 million. It also marks the first investment […]